IRS Authorized Private Collection Agencies

This spring, the Internal Revenue Service (IRS) is partnering with private collection agencies authorized to collect federal taxes owed.  Congress enacted in 2015 a private debt collection program authorizing contractors to collect tax payments on the government’s...

Payment Options For Individuals Owing Taxes

As you recall from previous posts the usual tax deadline of April 15th was extended this year until Tuesday, April 18, 2017.  This gives all Americans an additional weekend to get their paperwork in order and file their returns.  Taxpayers owing taxes can now choose...

Proposed Plan To Change The Affordable Care Act

A top priority for the new administration was to propose a plan changing the Affordable Care Act.  Many taxpayers believed that new changes would remove the penalty for not carrying health coverage.  The IRS informed taxpayers that they must still carry insurance as...

Executive Order Amending The Affordable Care Act

President Trump’s first order of business included an executive order exercising his authority to amend the Affordable Care Act (ACA). President Trump’s executive order allows the Department of Health and Human Services discretion on “certain aspects of the Affordable...

Why Did I Receive A Notice Letter From The IRS?

It has been a few weeks since you filed you income tax return.  And you have yet to receive your refund.  You contact your tax preparer even checked the IRS website for any information.  You see a message regarding your return stating that it is still being processed...